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Seal Beach Shores Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 371530795 ✦ Tustin, CA ✦ Designated as a 501(c)(3)

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Overview

What is Seal Beach Shores Inc?

Seal Beach Shores Inc, situated in Santa Ana, California, is a nonprofit organization primarily focused on providing affordable housing solutions. Based at 2321 East 4th Street C-439, the corporation offers residents the chance to rent land for their mobile homes and utilize shared spaces and amenities. With a mission aligned with state and city programs, Seal Beach Shores Inc aims to cater to the housing needs of low to moderate-income households, contributing to the community in this essential capacity. The corporation operates with a small workforce of three individuals.


Official website here: www.sealbeachshores.org

Is Seal Beach Shores Inc legitimate?

Seal Beach Shores Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Seal Beach Shores Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.sealbeachshores.org

What is the mission statement of Seal Beach Shores Inc?

Seal Beach Shores Inc's primary mission is to offer housing options for individuals and families with low to moderate income levels. The corporation achieves this by collaborating with both state and city programs. The housing provided by Seal Beach Shores Inc is in the form of mobile homes, with residents leasing the land and the right to utilize common areas and amenities from the corporation. The corporation promotes affordable housing by offering low rent rates and supports various government and local housing programs. Seal Beach Shores Inc's mission is to make housing accessible to a broader population, thereby contributing positively to their communities.


Official website here: www.sealbeachshores.org

What is the revenue of Seal Beach Shores Inc?

Seal Beach Shores Inc's revenue in 2023 was $928,052.


Official website here: www.sealbeachshores.org

Who are the executives of Seal Beach Shores Inc and what are their salaries?

The average compensation at Seal Beach Shores Inc during 2023 was $20,760. There are 3 employees at Seal Beach Shores Inc.

Here are 6 key members and their salaries:


Terry Breannan (Member At La)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Cirillo (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Elzinga (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Narz (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Waryzybok (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Williams (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.sealbeachshores.org

Where can I find the form 990 for Seal Beach Shores Inc?

Seal Beach Shores Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.sealbeachshores.org

Learn more at the official website: www.sealbeachshores.org

Mission Statement of Seal Beach Shores Inc

Seal Beach Shores Inc is dedicated to fulfilling its primary mission of providing housing opportunities for individuals and families with low to moderate income levels. This nonprofit organization collaborates with both state and city programs to achieve this objective. The corporation offers residents the chance to lease the land where they place their mobilehome units. In turn, the residents lease the land and gain access to defined common areas and amenities provided by Seal Beach Shores Inc. This form of affordable housing is made available through low rental fees, all in line with the organization's commitment to making housing more accessible for those in need.

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Impact




October, 2024

Seal Beach Shores Inc significantly impacts the community by addressing the housing needs of low and moderate-income households. By offering the opportunity to rent land for mobile home units, the organization provides a viable and affordable housing solution in an area often characterized by high living costs. This model not only promotes stability for residents but also encourages community engagement through shared common areas and amenities.

The organization operates in conjunction with various government and local housing programs, ensuring that its initiatives align with broader efforts to enhance affordable housing options. This collaboration enhances accessibility and promotes overall economic well-being for residents, allowing them to secure a stable living environment. Ultimately, Seal Beach Shores Inc plays a crucial role in fostering inclusive communities that support those in need of safe and affordable housing.




This information is meant to be a general summary of Seal Beach Shores Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$928,052 (2023)
Expenses
$865,836 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $295
  • Program Service Revenue: $800,661
  • Gross Receipts: $928,052

Assets and Liabilities:

  • Total Assets: $8,571,065
  • Total Liabilities: $4,593,752
  • Net Assets: $3,977,313

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBER ASSESSMENT

Revenue

$785,616

OTHER MEMBER INCOME

Revenue

$15,045

Organization Details

Founding Year

2008

Principal Officer

Craig Elzinga

NTEE Category

Code: L21 - Housing

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